The Mother Of All Conspiracy Theories.....
November 26, 2010
– Comments (46)
Imagine 9-11 was organized by a group of rogue bankers who financed Osama Bin Laden because America was reeling in a recession after the dot.com bust.....and the bankers really had no way to loan/make money absent an extraordinary event.
Bang....9-11 changes the world and Alan Greenspan lowers rates to levels not seen before.....and encourages nearly anyone with a pulse to borrow and spend as much as they want...especially on Real Estate.
After 9-11, President Bush is convinced to invoke the Emergency Powers Act which allowed publicly traded companies to suspend accounting rules...due to the suspension of traditional accounting rules, banks and shadow banks, funded by Wall Street, made trillions of dollars of loans that otherwise would have been impossible and fraudulent PRIOR to 9-11.
http://www.businessweek.com/bwdaily/dnflash/may2006/nf20060523_2210.htm
As a result of tens of trillions of otherwise fraudulent loans......America and much of the world enjoyed a boom unlike anything the world as seen before....areas of China which were nearly idle become boom towns in no time.....India sees money flowing in like never before.....in Dubai, developers start building ski slopes in shopping malls even though there a relatively few shoppers..Ireland become the Celtic Tiger and real estate along Spain South becomes the Gold Coast...while the boom spreads around the world.
The bankers trade a few thousand lives for massive profits and economic expansion around the world....in fact, they may even view it as doing god's work.
During this period, the rogue bankers set up a network of hedge funds, private equity funds, and offshore special purpose entities to take advantage of the free flowing capital through derivatives and other newly created vehicles such as HF Trading which prior to 9-11 would have been illegal and considered insider trading.
They start selling fraudulent debt and other fraudulent deals to pension funds, mutual funds and banks.
As a result of the above behavior, the world's financial system became infected with TENS OF TRILLIONS of dollars of fraudulent and toxic financial instruments that can NEVER be paid back.....and these instruments make up the foundation for most of the assets of the world's financial institutions and savings/retirement/investment/pension funds which are now worthless.
The problem is it was impossible to unwind this mess without imploding the world's financial system...and we know how powerful Wall Street is....so government, in attempt to rectify an impossible situtation....acted in a way it NEVER acted before....it bailed out Wall Street and NOT main street.....even though the majority of its citizens and constituents resided on mainstreet.
By not bailing out mainstreet.....mainsteet imploded and tax revenues across America evaporated as America shut down........and fewer and fewer contracts could be fulfilled......
even though defaults skyrocketed, bankers, mutual fund managers, and pension fund managers got trillions of dollars of bonuses because they were allowed to lie about their financials and the value fo the assets they were holding.....CRAZY if you really think about it as Americans got kicked out of their homes.
Is it possible that some of the people who may have been complicit in 9-11 could have been bailed out by the same taxpayers they attacked and terrorized...and in the process wiped out a building and evidence containing sensitve financial information?
There is no way to prove any of this at this point...but it does make an interesting story......
Like how the heck did this guy who supposedly freelanced for FOX know it was a "controlled demolition" and identified the area as "ground zero" just a few minutes after the attack?
Who could these rogue terrorist bankers be???????????????????????????????????????????
Maybe just a bunch of Whacki Wahabis.....and how do we unwind this mess without being forced to go to war?????
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